TESCO UK

 

Fiscal year is March-February. 

All values GBP Millions.

2022 2021 2020 2019 2018 5-year trend 

INCOME STATEMENT

Sales/Revenue 61,344 57,887 58,091 63,911 57,493

 Sales Growth 5.97% -0.35% -9.11% 11.16% - 

Cost of Goods Sold (COGS) incl. D&A 56,650 54,028 53,680 59,403 54,092

 COGS Growth 4.85% 0.65% -9.63% 9.82% -

 Gross Income 4,694 3,859 4,411 4,508 3,401

 Gross Income Growth 21.64% -12.51% -2.15% 32.55% -

 Gross Profit Margin 7.65% - - - -

 SG&A Expense 1,984 1,767 1,736 1,979 1,765

 SGA Growth 12.28% 1.79% -12.28% 12.12% - 

EBIT 2,710 - - - - Interest Expense 652 695 722 847 400

 Interest Expense Growth -6.19% -3.74% -14.76% 111.75% -

 Pretax Income 2,018 610 1,036 1,585 1,306

 Pretax Income Growth 230.82% -41.12% -34.64% 21.36% -

 Pretax Margin 3.29% - - - - 

Net Income 1,521 528 736 1,272 992

 Net Income Growth 188.07% -28.26% -42.14% 28.23% -

 Net Margin 2.48% - - - - 

CASH FLOW STATEMENT

 Net Income before Extraordinaries 2,560 1,547 (150) 2,649 1,839

 Net Income Growth 65.48% 1131.33% -105.66% 44.05% -

 Funds from Operations 3,430 394 3,651 3,262 2,268 

Net Operating Cash Flow 3,792 640 108 2,614 2,858

 Net Operating Cash Flow Growth 492.50% 492.59% -95.87% -8.54% -

 Net Operating Cash Flow / Sales 6.18% 1.11% 0.19% 4.09% 4.97%

 Capital Expenditures (1,178) (1,377) (1,204) (1,292) (1,637) 

Capital Expenditures Growth 14.45% -14.37% 6.81% 21.08% -

 Capital Expenditures / Sales -1.92% -2.38% -2.07% -2.02% -2.85% 

Free Cash Flow 2,843 (531) (895) 1,513 1,418

 Free Cash Flow Growth 635.40% 40.67% -159.15% 6.70% -

 Free Cash Flow Yield 9.52% - - - -

 Cash Dividends Paid - Total (731) (5,858) (656) (357) (82) 

BALANCE SHEET

 Cash & Short Term Investments 4,647 3,699 5,415 3,373 5,156

 Cash & Short Term Investments Growth 25.63% -31.69% 60.54% -34.58% -

 Cash & ST Investments / Total Assets 9.42% 8.13% 10.19% 5.93% 11.49%

 ST Debt & Current Portion LT Debt 1,272 1,655 2,817 2,209 1,479 

Long-Term Debt 14,085 14,015 14,973 15,439 7,142 

 Total Accounts Receivable 4,705 4,397 5,697 6,438 6,153 

Accounts Receivable Growth 7.00% -22.82% -11.51% 4.63% -

 Accounts Receivable Turnover 13.04 13.17 10.20 9.93 9.34

 Inventories 2,339 2,069 2,433 2,617 2,264 

Accounts Payable 9,181 8,399 8,922 9,131 8,994 

Accounts Payable Growth 9.31% -5.86% -2.29% 1.52% -

 Total Current Assets 12,189 10,807 13,608 12,480 13,600

 Total Current Liabilities 16,125 15,721 18,656 20,973 19,233

 Current Ratio 0.76 0.69 0.73 0.60 0.71

 Quick Ratio 0.61 0.56 0.60 0.47 0.59

 Cash Ratio 0.29 0.24 0.29 0.16 0.27

 Net Property, Plant & Equipment 22,780 22,896 26,108 26,899 18,521 

 Total Assets 49,351 45,512 53,147 56,898 44,884

 Assets - Total - Growth 8.44% -14.37% -6.59% 26.77% -

 Asset Turnover 1.29 - - - -

 Return On Average Assets 3.20% - - - -

 Total Liabilities 33,707 33,453 39,778 43,466 34,404

 Total Liabilities / Total Assets 68.30% 73.50% 74.85% 76.39% 76.65%

 Common Equity (Total) 15,660 12,077 13,391 13,456 10,502 

 Retained Earnings 10,022 6,329 7,168 7,121 4,290 Treasury Stock (365) (188) (250) (179) (16) Common Equity / Total Assets 31.73% 26.54% 25.20% 23.65% 23.40%

 Total Shareholders' Equity 15,660 12,077 13,391 13,456 10,502

 Total Shareholders' Equity / Total Assets 31.73% 26.54% 25.20% 23.65% 23.40%

 Accumulated Minority Interest (16) (18) (22) (24) (22)

 Total Equity 15,644 12,059 13,369 13,432 10,480

 Liabilities & Shareholders' Equity 49,351 45,512 53,147 56,898 44,884

Average Growth Rates 

Tesco PLC 

Past Five Years Ending 02/28/2022 (Fiscal Year) 

Revenue +1.34%

 Net Income +10.73%

 Earnings Per Share +0.51% 

Capital Spending -5.61%

 Gross Margin +9.55%

 Cash Flow +20.10% 

 KEY STOCK DATA 

P/E Ratio (TTM) 18.00(12/16/22) 

EPS (TTM) £0.12 

Market Cap £16.28 B 

Shares Outstanding 7.37 B 

Public Float 7.16 B 

Yield 5.20%(12/16/22) 

Latest Dividend p3.84999998(11/25/22) 

Ex-Dividend Date 10/13/22